ANAND RATHI Spreads, leverage, minimum deposit Revealed

　　Note: Since ANAND RATHIs official site (https://www.rathi.com/) is not accessible while writing this introduction, only a cursory understanding can be obtained from the Internet.

　　General Information

　　ANAND RATHI, a trading name of ANAND RATHI SHARE AND STOCK BROKERS LTD, presents itself as a full-service broker based in India and incorporated in 1994 that provides its clients with rich tradable financial instruments with leverage up to 5 times on its own-designed trading platforms.

　　Services

　　ANAND RATHI advertises that it offers a wide range of investment services including broking services for equities, commodities, IPOs, currencies, derivatives, structure products, bonds and smart baskets, as well as other services such as insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc.

　　Account Types

　　ANAND RATHI reveals that it provides its clients with 2-in-1 accounts, combining Demat and trading accounts to NRIs. Other details like the minimum initial deposit amount cannot be found on the Internet.

　　Leverage

　　Traders holding different trading products can enjoy different maximum leverage ratios. For example, the maximum leverage is 1 time for equity delivery, currency and commodities, while 5 times for equity intraday. Bear in mind that leverage can magnify gains as well as losses, inexperienced traders are not advised to use too high leverage.

　　Commissions

　　ANAND RATHI also takes some commissions. In particular, the broker charges 0.03% brokerage on equity intraday and futures and 0.30% brokerage on equity delivery, Rs 25 per lot on currency options, Rs 50 per lot for equity options and Rs 250 per lot for commodity options.

　　Trading Platform Available

　　When it comes to trading platforms available,ANAND RATHI gives traders four choices: Trade Mobi (mobile app), Trade X‘press (the Web), Trade X’pro (desktop) and Anand Rathi Online MF (mutual fund platform). Trade Xpro features dynamic charting, a customized display with an option to add, delete and rearrange columns as required, a lock terminal option, and a backtesting feature with the help of EOD charting. While with the Trade Mobi mobile app, trading can be done from anywhere and at any time through the right mobile terminals. However, we suggest you use MetaTrader4 or MetaTrader5 as the trading platform. As most traders know, the MT4 and MT5 are known as the most successful, efficient, and competent forex trading software. The MT4 offers an intuitive and user-friendly interface, advanced charting and analysis tools, as well as copy and auto-trade options. While the MT5 allows traders to execute trades on different financial markets through a single account and there is a hedging option.

　　Customer Support

　　ANAND RATHI‘s customer support can be reached by phone: 18002001002, email: customersupport@rathi.com. Besides, you can also follow this broker on some social media platforms like Twitter and Facebook. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.